Closing Report 17.08.2021

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MARKETS HIT BY COVID-19 FEARS

 

AMERICAN MARKETS MID DAY

Us major stocks are moving in the red zone as retail sales declined worse-than-expected 1.1% in July as rising COVID-19 fears hit consumers. Meanwhile, Home Depot is plunging by -4.54% after annoucing  that its net sales increased by 8.1% year on year to reach a quarterly record-setting $41.1 billion in the second trimester of fiscal 2021. Walmart shares inched higher, then traded near the flatline after second-quarter earnings topped estimates. The US 10 Year-Bond slipped by -0.82% to settle at 1.247%.

AMERICAN MARKETS
NASDAQ 10015 659.28-0.67%
DOW JONES36 347.880.31%
S&P 5004 692.07-0.09%
RUSSELL 20002 197.90-0.38%
S&P/TSX21 074.050.01%
S&P MERVAL83 976.230.26%
IBRX BRAZIL43 655.550.57%
IPC MEXICO53 172.740.22%

 

EUROPEAN MARKETS CLOSING

European stock markets traded mostly lower today as fears upon COVID-19 increase, while the drop in oil prices made gas and fuel-related shares into the red zone. On the data front, the Eurozone’s GDP grew by 2% in the second quarter of the year and the employment figure rose rose by 0.5% and 0.3% in the United Kingdom. Meanwhile, Britain is launching a plan to ramp up ‘low carbon’ hydrogen capacity and is targeting 5 gigawatts of “low carbon hydrogen production capacity” by the year 2030. The FTSE 100 took 0.38% driven by Bhp Group surging by 3.40%.

EUROPEAN MARKETS
CAC 407 219.48-0.42%
FTSE 1007 485.280.47%
DAX15 947.74-0.65%
SMI12 797.940.04%
AEX788.430.32%
IBEX 358 751.80-0.43%
FTSE MIB27 618.47-0.13%
EURO STOXX 504 305.83-0.44%
OMX NORDIC 402 363.88-1.37%

 

ASIAN PACIFIC MARKETS CLOSING

Asia-Pacific region closed downwards as fears on COVID-19 are rising after the Reserve Bank of Australia (RBA) warned of a “high level of uncertainty” brought by the emergence of the coronavirus’ Delta variant, the announcement making tank the Australian index by 1.49%. Elsewhere in China, Monday’s disappointing industrial production and retail sales data, as well as the ongoing regulatory tightening in various sectors, continue to remain on investors’ radars.

ASIAN PACIFIC MARKETS
NIKKEI 22528 478.56-0.03%
KOSPI2 954.891.18%
HANG SENG23 493.381.82%
CSI 3004 822.370.09%
SSE COMPOSITE INDEX3 579.54-0.18%
NIFTY 5017 812.700.38%
S&P/ASX 2007 453.301.29%
FTSE STRAITS TIMES INDEX3 205.260.66%
VN INDEX2 867.33-0.61%

 

COMMODITIES & FOREX MARKETS

Oil prices weakened for a fourth session on Tuesday, on the back of surging cases of coronavirus in Japan and a weak demand picture in Asia, and as OPEC and its allies believe the market does not need more crude.

COMMODITIES
OIL BRENT81.76-0.28%
OIL WTI79.00-0.58%
NATURAL GAS3.9343.20%
GOLD1 791.800.15%
PALLADIUM1 909.001.87%
SILVER22.240.23%
WHEAT751.500.77%
COTTON239.053.17%
CORN606.750.50%

 

Bitpanda, a European cryptocurrency trading platform, has raised $263 million in a fresh round of funding valuing the company at $4.1 billion.

CHANGES & CRYPTOS
EUR/CAD1.4362-0.06%
EUR/USD1.13560.57%
EUR/GBP0.83620.20%
EUR/RUB85.4075-0.91%
EUR/CHF1.04390.30%
BTC/USD42 075.12-2.61%
ETH/USD3 196.39-6.01%

 

The ONS published UK payrolls back to pre-pandemic levels 

The number of employees on British company payrolls rose by 182,000 in July from June, moving closer to their pre-pandemic level as the economy recovers from its coronavirus lockdowns, tax data showed on Tuesday. The Office for National Statistics said 28.9 million people were now on company payrolls, 201,000 shy of their level before the Covid-19 pandemic swept Britain in March 2020. The headline unemployment rate for the three months to June fell to 4.7%.
Britain’s labor market has been propped up by finance minister Rishi Sunak’s job subsidies which paid the wages on 8.9 million jobs at its peak in May 2020, during the first Covid-19 lockdown, falling to 1.9 million jobs at the end of June 2021.

 

 

CAC 40PERFORMANCES
WORST PERFORMANCESTOP PERFORMANCES
HERMES-3.82%STMICROELECTRONICS3.45%
ESSILORLUXOTTICA-3.05%ARCELOR MITTAL3.40%
PERNOD RICARD-2.35%VEOLIA ENVIRON.2.60%
DASSAULT SYSTEMES-1.79%TOTAL ENERGIES1.14%
CAPGEMINI-1.57%SAINT GOBAIN1.07%

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